DislikedThe backtests which will be done with repainting indicators are not reliable, as you all know. Therefore, only way is forward testing to understand if the system is profitable or not. The fuss for repainting indicators is about the time, because forward testing takes time.
We asked our programmer about stepchoppy indicator and he said it can repaint after checking the codes for all four indicators. He says it repaints due to the StepRSI indicator which is used to calculate stepchoppy indicator. He said StepRSI calculates its values from the left of the chart, and not the right. Therefore at every new bar it recalculates everything, creating opportunity for repainting. He stated that the formulas "buffer" it very good, so it's not happening a lot but it can happen. This is the main reason you see it repaints more frequently on 15M chart than 4hr.
We believe there are two ways to trade this system. One is after forward testing and observing the bars real time so that we can have more reliable test results. The other one is not to use stepchoppy indicator if you find it unreliable and use only ATR channels, Trend Power indicator and price action, all together. At the moment, we are forward testing pabloski system with our modified rules (we already backtested it with our modified rules, and the result has improved a lot but due to the repainting nature of stepchoppy indicator, we are not sure how this result is reliable), and we are also backtesting another modified pabloski system without using stephoppy indicator.
We are going to share both systems here under pabloski thread to honour his generosity for sharing the indicators, his strategies and ideas.
TeamAphidIgnored
